# Capitalize: Financial services, New York, United States

> Capitalize: Capitalize is a fintech company based in New York that assists Americans in managing their retirement savings. Based in New York, United States.

Source: https://millionrounds.com/startup/capitalize-2 (Millionrounds; every figure on the page links to its filing or article)

United States · [Financial services startup](https://millionrounds.com/companies)

# Capitalize

Capitalize is a fintech company based in New York that assists Americans in managing their retirement savings.

Funding reported Last round: Series B

Financial services New York, United States

Company summary

- **Founded:** 2019 7 years old
- **Team:** 62 51 to 200 people
- **Funding reported:** $34M in dollars
- **Last round:** Series B Aug 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Capitalize has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Capitalize

Capitalize is a fintech company based in New York that assists Americans in managing their retirement savings.

Founded in 2019-2020 by Christopher Phillips and Gaurav Sharma, the company focuses on helping users locate, consolidate, and maximize their retirement funds by transferring old 401(k) accounts into new Individual Retirement Accounts (IRAs) at no cost. The company offers a free digital platform that allows individuals to find misplaced retirement accounts, compare IRA providers, and initiate rollovers without the hassle of paperwork. Capitalize also provides enterprise APIs that enable financial institutions to facilitate retirement account transfers. Key features include a 401(k) locator tool, an IRA comparison dashboard, and free consultations with financial experts. Capitalize earns revenue from partner brokerages when users complete rollovers, ensuring a zero-cost experience for users.

## What company datasets say Capitalize raised

Funding, as reported

Reported in all **$34M** in dollars

Rounds **3**

Last round **Series B**

Last round size **$19M**

Last round date **Aug 2024**

Investors listed **6**

## On a portfolio page

Investors who name them

- [Atento Capital](https://millionrounds.com/fund/atento-capital)

Each firm lists Capitalize on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

legacy account recovery consumers personality development financial_services fee_optimization partner_network api_integration information technology & services ira provider comparison financial services partial 401(k) rollover investment management automatic account matching tax-free rollover scalability rollover management

Built with from their website

Amazon SES Google Tag Manager WordPress.org Atlassian AWS Application Load Balancer Google Workspace Max Mega Menu Viewport Meta MongoDB Amazon Simple Email Service

+8 more

Facebook SDK Apple Business Manager Google Meet Amazon Elastic Load Balancer Ahrefs Google Font API MySQL Unpkg

- **Sector:** Financial services
- **Industry code:** NAICS 5231, 523999, 513210, SIC 6732, 6282, 7372
- **Region:** New York
- **Revenue:** $3.0M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/capitalize)

## Financial services in United States

Startups like it

- [**Kalshi** New York · founded 2019 *Raised*](https://millionrounds.com/company/kalshi)
- [**Temporal** founded 2022 *Raised*](https://millionrounds.com/company/temporal)
- [**Vestwell** New York · founded 2016 *Raised*](https://millionrounds.com/company/vestwell)
- [**C2FO** Kansas City · founded 2008 *Raised*](https://millionrounds.com/company/c2fo)
- [**Yieldstreet** New York · founded 2015 *Raised*](https://millionrounds.com/company/yieldstreet)
- [**Flutterwave** San Francisco · founded 2016 *Raised*](https://millionrounds.com/company/flutterwave)
- [**Corgi** San Francisco · founded 2024 *Raised*](https://millionrounds.com/company/corgi)
- [**Alpaca** San Mateo · founded 2017 *Raised*](https://millionrounds.com/company/alpaca)

## Is this your company?

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